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Vodafone upgraded to Overweight from Equal Weight at Barclays

Barclays analyst Maurice Patrick upgraded Vodafone (VOD) to Overweight from Equal Weight with a price target of 120 GBp, up from 100 GBp. The company has seen years of negative earnings momentum, but 2026 “will bring a change in fortunes as Vodafone rediscovers a challenger mindset” in the UK broadband market, the analyst tells investors in a research note.

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